Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, which purpose is to provide a relative definition of high and low. This defintion is used to identify buy and sell signals and have proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. Get-A-Graph uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Bottlenecks in bandwidth indicates a upcoming change. Break up through the moving average line, or continuously movements above the moving average line indicates a break up, and vice versa downwards.
GSSC Forecast and Technical Stock AnalysisHold candidate since 2019-07-16 Loss -0.46%
GS ActiveBeta U.S. Small Cap Equity gained 0.19% in the last trading day ( Thursday, 18th Jul 2019 ), rising from $44.05 to $44.13 During day the stock fluctuated 0.70% from a day low at $43.87 to a day high of $44.18. The price has been going up and down for this period, and there has been a -0.84% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 155 010 more shares were traded than the day before. In total, 158 273 shares bought and sold for approximately $6.98 million.
- 30 day high of the GSSC stock price was $44.77 and low was $42.95.
- 90 day high was $45.91 and low was $41.58.
- 52 week high for the GS ActiveBeta U.S. Small Cap Equity - $49.66 and low - $33.85.
GS ActiveBeta U.S. Small Cap Equity is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend you can expect GS ActiveBeta U.S. Small Cap Equity with 90% probability to be traded between $40.58 and $44.45 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
GS ActiveBeta U.S. Small Cap Equity holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $44.23. On a fall, the stock will find some support from the long-term average at approximately $43.63. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Friday July 05, 2019, which indicates further falls until a new bottom pivot has been found.
Relative Strength Index (RSI)
RSImin/max Values: [ 20 - 75 ]
RSI14 is 57 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
Support & Resistance
GS ActiveBeta U.S. Small Cap Equity finds support from accumulated volume at $44.10.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.31 (0.70%) between high and low. For the last week, the stock has had a daily average volatility of 0.91%.
Our recommended stoploss: $42.26 (-4.25%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 9 days ago.)
0.91 %Average volatility
Very Low Low Medium High Very High
GS ActiveBeta U.S. Small Cap Equity holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development.
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